+5.8 on previous index reading
The Bank of Ireland Economic Pulse stood at 65.1 in September 2020. The index, which combines the results of the Consumer and Business Pulses, was up 5.8 on last month but down 11.1 on a year ago.
The improvement this month comes on foot of a rebound in the Business Pulse after last month’s dip. Sentiment rose in all four sectors, though Brexit was back on firms’ radar as the end of the transition period approaches and the talks on the future UK-EU trade relationship floundered. For households, the heightened uncertainty on this front added to growing concerns about the virus and kept the Consumer Pulse at a low ebb in September.